Finance for Science Impact
The Challenge
- Science infrastructure can drive development and offer a good return on
investment, but it requires a solid business case for investors to deploy capital. - Donors and foreign governments have historically funded science and research in low – and middle-income countries (LMICs). However major international development funders, such as the US, UK and European countries, have cut their foreign aid.
- Innovative financial mechanisms can unlock capital market investment for
science infrastructure in LMICs, namely using blended finance, multilateral
development banks (MDBs), and government guarantees to de-risk investments. - The capital market offers more sustainable finance for LMIC science
infrastructure than donor – or aid-linked funding and allows countries
to set their development agenda.